Moratorium under Section 14 of IBC shall not prevent recovery of possession from the unauthorized occupant – Raj Sekhar Roy Vs. Avani Projects & Infrastructure Ltd. and Anr. – NCLT Kolkata Bench

Moratorium under Section 14 of the Code shall not prevent recovery of possession from the unauthorized occupant. In view of the fact that the license period has expired on 31.08.2018 and has not been renewed thereafter. Further, the Corporate Debtor having failed to pay license fees since, 2017 and has lost its status as a licensee. Resolution Professional shall deliver vacant possession of the premises to the Applicant, after setting the same vacated from the possession of the current occupant, if required by way of notice to the said person providing appropriate time to vacate the premises as per law.

Moratorium under Section 14 of IBC shall not prevent recovery of possession from the unauthorized occupant – Raj Sekhar Roy Vs. Avani Projects & Infrastructure Ltd. and Anr. – NCLT Kolkata Bench Read Post »